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In 2022, Americans spent 33.3% of their income on housing, per the Bureau of Labor Statistics. The cost of shelter rose by 5.7% from February 2023 to February 2024, according to the Consumer Price ...
The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...
Note that Washington, D.C., has the highest mean retirement income among retirees at $49,072, though you’d need more than twice that amount — $100,326 — to afford a comfortable retirement.
The cost of living calculator also breaks down the difference in typical costs between the two locations, ... For instance, bread costs $4.27 in the metro Washington, D.C. area but only $3.76 in ...
The minimum wage was set at $11 in 2017 and has increased annually based on a cost-of-living index; since January 1, 2024, it has been $16.28 an hour, the highest of any state. Several cities have higher minimum wages as of 2024, such as Seattle at $19.97 for large employers and Tukwila at $20.29 for large employers.
It will be increased annually by a voter-approved cost-of-living adjustment based on the federal Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Renton : $20.29 for businesses with more than 500 employees worldwide; $18.29 for businesses with 15-500 employees worldwide or an annual gross revenue over $2 million since ...
8. Washington. Cost-of-living index: 116.0 Annual cost of necessities: $44,740 Annual expenditure: $84,642 Groceries are about 10% above the national average in Washington.
Data in the 2010 columns comes from Health Data. [11] Overall, life expectancy at birth in Hawaii, Washington, California, and New York (state) are among the longest in the nation, while life expectancy at birth in Mississippi, American Samoa, and West Virginia are among the shortest in the nation.